Hong Kong, 22 November 2018 – TNG (Asia) Limited, one of the first batch of Stored Value Facilities ("SVF") licensees in Hong Kong and the operator of TNG Wallet, has been awarded a contract from MTR for QR code payment.
Starting from mid-2021, commuters will be able to pay the MTR fare by simply scanning the QR code generated by TNG Wallet at the Automatic Fare Collection (AFC) gates of the 91 MTR stations across the city.
Mr. Alex Kong, Founder and CEO of TNG Wallet, says, “We are excited to have won the bid and it’s an important milestone for us. The trust and recognition of MTR give us more power in further expanding our merchant networks and providing more diversified and comprehensive services to the general public in Hong Kong.”
